NEWSWIRETODAY Press Release& Newswire Distribution | HOME
MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
Agency / Source: Asian Paints Limited

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Asian Paints Reports Consolidated Income from Operations Up by 11.6% - Asian Paints today announced its financial results for the first quarter ended June 30, 2013 - AsianPaints.com
Asian Paints Reports Consolidated Income from Operations Up by 11.6%

 

NewswireTODAY - /newswire/ - Mumbai, India, 2013/07/22 - Asian Paints today announced its financial results for the first quarter ended June 30, 2013 - AsianPaints.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing / Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

"The Decorative paints business in India did well considering the challenging and uncertain macro environment. Paints Volume grew in double digits. Raw material prices were by and large stable with a softening bias, but were affected by the Depreciation of Rupee" said K.B.S. Anand, Managing Director & CEO, Asian Paints Limited.

“Industrial paints segment continues to be affected by the economic slowdown. Automotive coatings growth was subdued due to lower demand in the auto sector. International Business registered good growth. Middle East and Asia have done well even though some countries continued to be affected by political events and macro economic uncertainty” he added.

Consolidated Results: Q1-FY’2014: For the quarter ended June 30, 2013, on consolidation of accounts of the subsidiaries and joint ventures of Asian Paints Net Profit of the Group is `275.2 crores as compared to 288.4 crores in the previous corresponding quarter. Income from operations has risen by 11.6 % to `2841.1 crores from `2546.1 crores. PBDIT for the group has increased by 4% to `464.7 crores from `446.6 crores. Profit before Tax is `423.9 crores as compared to `426.2 crores in the previous corresponding quarter.

Standalone Results: Q1-FY’2014: For the quarter ended June 30, 2013, Net Profit on a standalone basis increased by 3.4 % to `283.9 crores from `274.6 crores. Income from operations increased by 12.9 % to `2319.7 crores from `2054.0 crores. PBDIT for the quarter increased by 3.6 % to `419.2 crores from `404.8 crores. Profit before tax has increased by 4.8 % to `413.6 crores from `394.8 crores.

About Asian Paints Limited

Asian Paints (asianpaints.com) is India’s largest paint company and ranked among the top ten Decorative coatings companies in the world with a consolidated turnover of ` 10,970 crores (`109.70 billion). Asian Paints along with its subsidiaries have operations in 17 countries across the world with 25 paint manufacturing facilities, servicing consumers in 65 countries through Berger International, SCIB Paints Egypt, Asian Paints, Apco Coatings and Taubmans.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing / Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Asian Paints Limited

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Manufacturing / Robotics articles,
CATCH Visitors via Your Competitors Announcements!


Asian Paints Reports Consolidated Income from Operations Up by 11.6%

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Asian Paints Limited |
Contact: Arun Nair - AsianPaints.com 
+91 22 39818387 proffice[.]asianpaints.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Asian Paints Limited securities in any jurisdiction including any other companies listed or named in this release.

Manufacturing / Robotics via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Asian Paints Limited / Company Profile


Read Manufacturing / Robotics Most Recent Related Newswires:

SCHOTT Produces Optical Glass with 100 Percent Hydrogen
BASF Starts Prototype Metal Refinery for Battery Recycling
BASF is Expanding its Lineup of Biomass-balanced Ingredients Tailored for the Detergent and Cleaning Industry
Yokogawa Upgrades the CENTUM VP Integrated Production Control System
BASF to Showcase Sustainable Additive Solutions At CHINAPLAS 2024
ABB Control Room, Power Distribution and Robotics Technologies Help Metsä Fibre Mill Excel in Productivity and Efficiency
ANDRITZ Collaborates with Microsoft to Drive Innovation in the Manufacturing Industry
Steel Mill in Brazil Increases Productivity Using High-quality ABB Motors in Complex Processes
Endress+Hauser Expands Logistics Hub in China
Atlas Copco Group Completes Acquisition of Korean Semiconductor Valve Manufacturer
LANXESS Presents its Extensive Product Portfolio for The Polyurethane Industry At UTECH Europe 2024
AdBlue ZeroPCF by BASF Launched on the Market as the First AdBlue Product with Reduced Carbon Footprint
TRUMPF Achieves Breakthrough in Proprietary Subwavelength Surface Grating Technology
TRUMPF and Optomind Showcases 100Gbps VCSEL Performance in 800Gbps Transceiver At OFC
SCHOTT Pharma to Expand in the U.S. with New Prefillable Syringe Manufacturing Facility in Wilson, North Carolina

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  Limelon Advertising, Co.





 
  ©2005-2024 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are proudly NOT affiliated with USA TODAY (usatoday.com)